Yuga Labsthe Web3 company behind Bored Ape Yacht Club, is bringing AI to blockchain by launching: Ape ChainThis is a new creator platform.
To future-proof the ecosystem, Yuga Labs is partnering with Wire Network, a general-purpose layer 1 blockchain infrastructure designed for the AI agent economy. That is, a near future in which “AI agents” can be induced to take advanced actions on behalf of humans. The idea is to create a platform that allows creators to communicate with their fans more easily and profitably.
In an update, the company revealed that ApeChain is the new home of Yuga Labs and its iconic brands Bored Ape Yacht Club and Otherside.
ApeChain leverages the performance momentum of Yuga Labs, the biggest name in Web3 gaming. Yuga Labs said the company is providing a platform that allows entrepreneurs and builders more creative freedom and delivers a better overall experience for consumers across all entertainment, from art to gaming.
Yuga Labs has been at the forefront of new technologies. It was created by embracing cryptocurrencies and non-fungible tokens. With OtherSide, we embraced the metaverse, launched a gaming business, and are now investing in the intersection of AI and the creator economy.
As AI comes to the forefront of the conversation in the creator economy, the partnership aims to transform how consumers and creators interact with AI agents, delivering enhanced and meaningful engagement across digital and virtual environments, Yuga Labs said. .
In addition to decentralized AI capabilities, ApeChain will benefit from Wire Network’s additional core strengths: no gas fees, seamless cross-chain operations, and ultra-fast transactions. These features are now integrated into Yuga Labs’ diverse portfolio of digital assets and virtual worlds and available to anyone building on ApeChain.
Ken DiCross, CEO of Wire Network, said in a statement that he believes this collaboration is an important step forward in realizing the potential of AI.
“Yuga Labs is an established leader in building digital communities and pushing creative boundaries,” said DiCross. “By combining Yuga’s creativity and cultural influence with scalable, next-generation blockchain infrastructure, we are opening up new possibilities for AI agent interactions that are more immersive, seamless, and beneficial for everyone involved. Our common goal here is to create a broader, more distributed, user-centric metaverse.”
ApeChain debuts this week with ApeFest, the Yuga Labs flagship event taking place in Lisbon, Portugal.